Filter announcements
Loading...
KOEL, one of the flagship companies of the Kirloskar group, manufactures and services diesel engines and diesel generator sets. The company also makes diesel, petrol and kerosene-based pump sets. It has manufacturing units in Pune, Kagal, and Nashik. The company caters to the agriculture, power generation, and industrial sectors.
Kirloskar Oil Engines (KOEL) has partnered with DEUTZ on a 1.6-litre engine platform. This strategic co-operation expands KOEL's global reach into Europe and North America, leveraging its engineering with DEUTZ's network. The engines deliver 18-41.2 kW, meeting stringent emission standards.
Shareholders of Kirloskar Oil Engines have approved the re-appointment of Mr. Yogesh Kapur as an Independent Director for a second consecutive five-year term at the Annual General Meeting.
Kirloskar Oil Engines will hold its 17th Annual General Meeting for FY25-26, where a final dividend will be declared. A record date has been set to determine dividend eligibility, with book closure for share transfers. E-voting will be available for members.
Kirloskar Oil Engines (KOEL) board approved a ~Rs. 1,400 Cr capacity expansion at Kagal, adding 20,000 engines annually over two years. This move, financed by internal accruals and borrowings, will cater to demand and supports the company's USD 2 billion revenue target by FY2030.
Kirloskar Oil Engines reported zero new requests for re-lodgement of physical share transfers in the past month. A previously reported request remains in process, pending further documentation. This highlights minimal shareholder activity in this operational area.